Office Building with Conference
New
For Sale
$550,000
1901 S Montana, Butte, MT 59701
CommercialSale, Butte, MT
Property Size1,824 SF
Lot Size0.38 Acres
Price / SF$301.54
Days on Market4
Property Features for 1901 S Montana
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Head south from Interstate 90 on Montana Street. Findable by GPS.
Subdivision
10BWM - Butte - West of Montana
Standard status
Active
APN
0000438700
Size
1,824 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 23, E68' LTS 23 & 24, BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 22, E68' LT 22, BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 21, BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 19 - 20
Tax Annual Amount
3792
Legal Description
BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 23, E68' LTS 23 & 24, BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 22, E68' LT 22, BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 21, BOULEVARD, S24, T03 N, R08 W, BLOCK 5, LOT 19 - 20
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1959
Listing Agency:
Platinum Real Estate
(406) 565-7128
Listed By:
Jacob Masters · License #BRO-119358
(406) 533-8023
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 17 at 2:06PM
MLS# 415541
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 1,824-square-foot office building, constructed in 1959, has a lobby, private office, large conference room, and two bathrooms. Window unit(s) provide cooling. The property occupies a 16,727-square-foot lot.
At 1901 S Montana in Butte, the site is just off Interstate 90.
At 1901 S Montana in Butte, the site is just off Interstate 90.
Key Highlights
- 1,824‑square‑foot office building on a 16,727‑square‑foot lot
- Interior includes a lobby, private office, and large conference room
- Two bathrooms and window unit(s) for cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,549
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,980
$471.0K
Cap Rate 7%
$336,414
$336.4K
Cap Rate 9%
$261,656
$261.7K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$36.6K $20.04/SF
− Vacancy
−$5.2K −$2.83/SF
EGI
$31.4K $17.21/SF
− OpEx
−$7.8K −$4.30/SF
NOI
$23.5K $12.91/SF
Area
Silver Bow County, MT
Vacancy
14.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,980
Cap Rate 7%
$336,414
Cap Rate 9%
$261,656
Alternative Uses
Best Use
Office B
$336.4K
$294.4K – $392.5K
NOI $23,549 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$397.5K
$347.8K – $463.8K
NOI $27,827 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 59701, MT
33,937
Population
16,834
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
509.7 sq mi
ZIP Area
67
Density / Sq Mi
$56,799
Median Household Income
$34,793
Median Earnings
$811
Median Rent
$219,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A lobby, private office, conference room, and two bathrooms define the building’s interior layout.
Where is this office building located?
The property is located at 1901 S Montana Butte, MT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,824‑square‑foot office building on a 16,727‑square‑foot lot; Interior includes a lobby, private office, and large conference room; Two bathrooms and window unit(s) for cooling
